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You Searched For "Terra ecosystem" and got 20 results


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2 mins read

Crypto mystery: Around $3.5 billion worth of Bitcoin in Terra has just disappeared

The global crypto mayhem last week wiped out Bitcoin worth $3.5 billion -- created to defend and su…

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3 mins read

Luna founder proposes hard fork to correct design flaws in ecosystem

Luna’s founder wants to make changes to the blockchain platform in hopes of correcting possible fla…

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2 mins read

This week's vicious crypto crash shows a crisis of confidence in the entire ecosystem

For a market that is solely reliant on the dynamics of supply and demand, it's crucial that the cry…

Matthew Fox   


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2 mins read

Terra’s stablecoin jumps 5x valuation in 2021 – with $18 billion locked in the DeFi ecosystem

Stablecoins have sort of lost their charm over the past few years. But open source blockchain platf…

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1 min read

Terra cofounder Daniel Shin targeted for arrest again in South Korea's crypto crackdown

South Korean prosecutors are doubling down on efforts to arrest Terra's Daniel Shin, following frau…

Zinya Salfiti   


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Terra's backers vote to keep luna alive and abandon stablecoin UST after its collapse drove a crypto meltdown

Terra now plans an airdrop of new luna starting Friday, but wallets with more than 1 million of old…

Hamza Fareed Malik   


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The founder of collapsed stablecoin TerraUSD wants to build another blockchain from its network's ashes

Do Kwon wants to hard fork the Terra blockchain to create "classic" and new versions, with 1 billio…

Zahra Tayeb   


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Circle CEO says Terra's implosion has given lawmakers the impetus to speed up crypto regulation

Circle CEO Jeremy Allaire said the collapse of Terra has accelerated the need for the federal gover…

Zahra Tayeb   


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3 mins read

The Terra LUNA crypto crash has sparked the debate on ‘true’ decentralisation

The prices of Terra’s UST and its sister currency LUNA crashed last week, bringing the whole crypto…

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1 min read

Terra revives failed luna cryptocurrency after its major meltdown but it falls sharply after launch

The new token "luna" (LUNA), which serves as the main staking asset of the Terra blockchain, droppe…

Zahra Tayeb   


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1 min read

Billionaire investor Bill Ackman says Terra's algorithm sounds like the 'crypto version of a pyramid scheme'

Ackman tweeted his disapproval of Terra, suggesting that the crypto industry should "self-regulate"…

Cheryl Teh   


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3 mins read

Terra's LUNA token continues to hold its own even in a crypto bear market — here's why

Terra’s LUNA cryptocurrency is the only major player in the space to gain above 3% in the last 24 h…

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3 mins read

Explained: Five things to know about US-based crypto lender Celsius’s crash

Crypto lender Celsius filed for bankruptcy protection under Chapter 11 on Thursday.

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2 mins read

Polygon and Binance swoop in to rescue projects running on Terra

Two of the largest blockchain players in the world are coming to the aid of projects that were buil…

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3 mins read

Luna and Terra's stablecoin UST are both crashing: Here's a guide to tether, USD Coin, terra and other reserve-backed cryptocurrencies

Terra's algorithmic stablecoin UST appears to have entered a death spiral. Here's a guide to the la…

Business Insider   


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7 mins read

Some crypto investors say TerraUSD and Luna's $60 billion crash pushed them to the brink and led to thoughts of self-harm

"Considering all the hardships, including ... the war that is now going on, the situation with Terr…

Weilun Soon   


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2 mins read

Stablecoins could exist alongside a digital dollar as CBDCs could help secure global payments systems, Fed Vice Chair Lael Brainard says

A CBDC "could coexist with and be complementary to stablecoins and commercial bank money," Brainard…

Carla Mozée   


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After Luna, Shiba Inu may be the next memecoin to go bust, according to experts

After the crash of cryptocurrency Luna this month, meme-based token Shiba Inu might be the next to …

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3 mins read

WazirX, CoinDCX and CoinSwitch Kuber delist Terra's stablecoins from their platforms

Terra has two tokens, calle UST and Luna. The UST token is a stablecoin whose price is maintained u…

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1 min read

Luna is worth less than 2 cents after a single-day crash of 99% as sister coin Terra loses dollar peg

Luna lost 99% of its value and was trading at less than 2 cents per coin Thursday. The slide comes …

Brian Evans